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Reply to "Are you better off than you where 2 years ago?"
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[quote=Anonymous][quote=Anonymous]A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.[/quote] Trump claimed in SOTU that beef prices had started to come down. So I looked it up--not store prices but market indices and government data. Absolutely not true. according to the St. Louis Fed, ground beef from $5.55 at start of presidency to 6.75 in January. I'd seen a source yesterday for the current price and can't find it now, but Trade Economics shows a 7.6% increase in wholesale beef prices since Jan 31. I know DCUM scorns fruit juice but I crave orange juice in the winter and just can't bring myself to spend the money anymore. My breakfast rolled oats were the same price at a natural foods store for years and went up 50% a year ago. My electric rates went up 11%--they wanted 19%, were allowed to impose a provisional 11% before the rate increase was actually improved, so I've been paying the higher rate for more than a year. And my house has electric heat and is old. I get by because I'm alone, retired, and have simple wants, but I think I bought ground beef just twice, maybe three times, in the last year (3 lb tubes I repackaged). Once in awhile a steak when they mark it down as it gets close to the sell by date. [/quote]
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